t42 IoT Tracking Solutions PLC (GB:TRAC) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
t42 IoT Tracking Solutions PLC, a provider of real-time tracking and monitoring solutions, has secured a lucrative $4.5 million deal with a Brazilian logistics firm for 30,000 tracking units over three years, marking a significant stride in the company’s global expansion. The deal includes an initial order of 10,000 units and will contribute to the company’s revenues starting FY 2024. t42’s recent advancements in integrating various system enhancements have been pivotal in meeting the client’s specific requirements and facilitating their market growth.
For further insights into GB:TRAC stock, check out TipRanks’ Stock Analysis page.
